The title isn't bad...I would have thought to make an even bigger nudge to RotJ he would have done "Fall of the Jedi", but that's just me.
As far as the title go, they're supposed to be cheesy. Lucas has said on more than one occasion that these movies are like a big budget B movie from the 50's. While I thought there were moments of Ep I that sucked (i.e. Jar jar), overall it fit the title perfectly. Everything happened in the movie, because Sidious wanted it to happen, hence, the "Phantom" in the title. Ep II was good, but the editing made Anakin seem like a stalker as opposed to someone in love...the book did a much better job with it. I can't wait to see how everything falls into place in Ep III, it's going to be a great ride! As someone who grew up w/ the Original Trilogy, this has been a wonderful time to be a star wars fan. It saddens me to see some people that are just bitter about it. IMO, it seems like Lucas owes you something. Enjoy it for what it is, a good story, that opens up the imagination!